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1. In how many year interest of ₹3000 will be ₹1080 at the simple interest rate of 12% annually?
3yr.
2.5yr.
2yr.
3.5yr.
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2. At what rate the simple interest will be 2/5 times to the original sum in 10 yr?
4%
17/3%
6%
20/3%
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